Epsium Enterprise Limited (NASDAQ:EPSM – Get Free Report) was the recipient of a significant decline in short interest in June. As of June 30th, there was short interest totaling 67,066 shares, a decline of 37.4% from the June 15th total of 107,149 shares. Based on an average daily volume of 34,969 shares, the short-interest ratio is presently 1.9 days. Currently, 0.5% of the shares of the stock are sold short.
Institutional Trading of Epsium Enterprise
A number of large investors have recently added to or reduced their stakes in the business. PharVision Advisers LLC bought a new position in shares of Epsium Enterprise in the third quarter valued at $118,000. Two Sigma Investments LP acquired a new stake in shares of Epsium Enterprise during the 3rd quarter valued at $112,000. Finally, JPMorgan Chase & Co. bought a new stake in shares of Epsium Enterprise during the 3rd quarter worth $35,000.
Epsium Enterprise Price Performance
NASDAQ:EPSM traded down $0.04 during mid-day trading on Friday, reaching $1.19. 12,018 shares of the stock were exchanged, compared to its average volume of 58,975. The business has a fifty day moving average price of $1.36 and a 200 day moving average price of $1.58. Epsium Enterprise has a 1-year low of $0.83 and a 1-year high of $155.00.
Wall Street Analysts Forecast Growth
Separately, Weiss Ratings restated a “sell (d)” rating on shares of Epsium Enterprise in a research report on Wednesday, June 24th. One analyst has rated the stock with a Sell rating, According to MarketBeat, the company has an average rating of “Sell”.
Get Our Latest Stock Analysis on Epsium Enterprise
Epsium Enterprise Company Profile
We are a holding company incorporated under the laws of British Virgin Islands. As a holding company with no material operation of its own, we conduct substantially all our operations through an indirect Macau subsidiary, Companhia de Comercio Luz Limitada in Macau, or Luz. Luz is an 80%-owned subsidiary of Epsium Enterprise Limited in Hong Kong, or Epsium HK. Mr. Son I Tam, our CEO, Chairman, principal shareholder, and the founder of Epsium and Luz directly holds (i) 89.996% ownership interest in Epsium, (ii) 19% interest in Epsium HK, and (iii) 20% ownership interest in Luz.
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